Metafactory Community Call 5/5/22

tags: metafactory

Opening Discussion

• daofren misses lobsta. did bleed
• jin has a demo to share
  • showing first week of progress on 3d MF website
  • also showing sith lord's 3d website
  • shares idea of having npc in 3d website actually being a live person and being able to swap it between npc / person
• drew summing up lume studios call:
  • yesterday call took place
  • clarified our ask + approach
  • looks like everything is a go
  • creating virtual model 1:1 of physical space; test content and music production perspectives; offer digital experience along with physical experience
  • looking to have MF event on Monday the 20th … it will be a generalized educational informational experience over general state of metaverse + vision for making it interoperable + discussion of some "metaverses" that are more gated and aren't really metaverses
    • drew doesnt mind being a bit controversial and asking tough questions about what metaverse really is
  • in process of talking to DAO NYC … unconferenced event on the 21st; looking to see what content can be rolled over
• atlantis world call yesterday
  • sprite based top down browser based experience
  • dao focused – dao snapshots in world, dao votes, collab, etc.
  • zelda-based marketplace with featured items
  • drew sees good cross over in vision between us and them
  • MF could have sprite based version of our 3d virtual prod efforts as well

House Keeping and New Proposals

• will on curation funding proposal:
  • idea to add on to curation game
  • de risk some drops
  • at least one drop in the past wasn't successul. if drop isn't successful it puts stress on MF since we own all costs
  • potential of putting down collatteral – some sort of agreement in place if drop doesn't sell out, there might be some re-balancing.
    • this re-incentivies and de-risks
  • MF won't survive if it doesn't address this
  • drew sees economic incentive to bring more energy from partners to move sales and agrees with will overall on this strategy
    • we are still niche – not every single drop will be successul if partners are not helping pull their weight after we bring things to market while bearing costs
    • asking partners to stake or have skin in the game makes sense – will bring more value and effort from partners
  • will is excited to see analytics after implementing this to see what we can learn
  • partners put up stakes: unsuccessful drop could = some of that stake gets taken by MF; successful drop could = partners get back more than stake they put up
    • make compensation match effort of individuals
• daofren's mini proposal for creative bounty budgets
  • finding creative ways to have micro bounties to have low lift creative tasks for newer community members to take on if they don't have a lot of time to contribute
• stable compensation for top contributors
  • flat rate for any member who is instrumental to ongoing success and growth of MF voted on and acknolwedged by other members who are part of core team + committing a full time effort to MF. generally thought of as 30+ hours. no timesheets but it is pretty evident
  • 9 participants selected based on recent distributions + some new members as well
  • 3k in stables each month; participation evaluated on a monthly basis
  • meant for core memebrs and not meant to detract from other methods of pay out whatsoever

upcoming drops

• wagmi coming up. they are all in NYC and ready to be shipped